LATEST: Cryptocurrency Exchange Platform Coinbase Offers Crypto Futures Trading for Eligible US Traders

Crypto trading platform Coinbase Financial Markets has introduced crypto futures trading for eligible US traders, following regulatory clearance as a futures commission merchant. Futures contracts allow traders to hedge risk, diversify portfolios, and speculate on market movements. US traders can access these contracts via the Coinbase Advanced trading platform, with contract sizes designed for retail investors. Coinbase aims to tap into the global crypto derivatives market, representing 75% of trading volume. This move is part of Coinbase’s strategy to diversify revenue streams amid legal challenges and declining spot trading volumes.

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